Better Business Advice, a leading authority in reviews of financial services, has released a comprehensive review of Lendio's Employee Retention Credit (ERC) service.
Lendio, a prominent name in the financial services industry, specializes in helping businesses of all sizes navigate the complexities of tax incentives and benefits, including the ERC program.
Key highlights from the review:
- Low Fees: Lendio stands out as a top ERC service provider due to its transparent and customer-friendly fee structure. Lendio offers ERC eligibility verification without any upfront costs or hidden fees. The company charges a competitive fee of 15% from the refunded amount, only after the IRS successfully processes the application.
- Simplified Qualifying Process: Lendio has a straightforward application process for determining eligibility. Lendio connects eligible businesses with experienced ERC partners who guide them through the application journey, streamlining documentation and tax form submissions.
- Efficient Processing Time: Lendio's commitment to timely processing is acknowledged, with most applications filed within an average of 25 days. While the initial filing process is expedited by Lendio, the subsequent timeline is subject to the IRS's workload.
- Comprehensive Services: In addition to its ERC assistance, Lendio operates as a dynamic business loan marketplace, offering a wide range of lending options tailored to businesses' specific needs. These options include SBA loans, merchant cash advances, short-term loans, lines of credit, and equipment financing.
- Outstanding Customer Support: The review highlights Lendio's exceptional customer support, emphasizing the availability of dedicated funding managers who provide personalized assistance and tailored offers
Introduced as part of the 2020 pandemic relief package known as the CARES Act, the Employee Retention Credit (ERC) is a refundable tax credit for businesses and tax-exempt organizations that had employees and were affected during the COVID-19 pandemic.
To get started with Lendio’s ERC service, business owners can complete this simple questionnaire to verify eligibility and calculate the maximum ERC tax credit their business qualifies for.
To read the full Lendio ERC review, visit the Better Business Advice website.
About Better Business Advice: Better Business Advice is a leading business advice website dedicated to helping entrepreneurs and businesses succeed. As an affiliate, Better Business Advice may earn commissions from services mentioned in the links provided. The information provided by Better Business Advice does not, and is not intended to, constitute legal advice; instead, all information, content, and materials are for general informational purposes only.
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Andrew Mathews (andrew@betterbusinessadvice.com)
